National Republican., 1887-12-28
MODERATELY ACTIVE.
The Collapse of the Strike Has Good
Eject on Prices.

The Collapse of the Strike Has Good
Eject on Prices.
New YORK, Dec 27.--The stock market
was moderately active to-day and strong
all the way out, after a decidedly weak
opening, the coal stocks being the special
features Of the trading. There was some
pressure to sell for London account, which
made weak opening, but though the bears
and professionals put out some fresh short
lines there was good buying by the cliques
and to moderate degree by commission
houses. Rumors were early circulated that
the strike on the Reading was about to col
lapse, which stimulated purchase for specu-
lative account, and on the confirmation Of
the rumor the shorts In the coal stocks
especially ewelled the number OF buyers.
The prompt and firm action OF the Read.
ing Company did great deal TO restore and
preserve confidence, and no halt was made
In the upward movement when once fairly
sturted. The news OF the day beyond that
mentioned was not Of special Importance
and had little effect upon prices. The
opening was weak at declines Of from to
per cent, but Jersey Central was off 2
and Reading IL on eject Of the
strike. The market reacted quickly from
these fgurss, however, and advanced all
along the line.
The market showed little animation out
Of few leading stocks, however, aud the
dealings In most Of the list were devoid OF
feature, except with the improvement In
prices. This was no setback OF Importance,
though small reactions occurred before
noon and In the last hour. The advance,
however, ceased only with the close OF
business, and the market closed strong at
about the highest prices OF the day. The
| list is generally higher tonight.
Money on call has been easy, ranging
| from to 8, last loan at @, and closing at
| D to 6. Sterling exchange is dull and
steady. Actual business at 4s22 to 4S3
for GO day bills, and 4s52 to 4so for demand.
Posted rates 4S3l to 4S7. Government bonds
bave been dull but firm. State bonds
have been quiet but steady to firm.
Treasury balances--Coin, $l31, AIS, ,5s3;
currency, s9,426,097.
The following were the closing bid quo
tations:
Is, coup, l27,s; ~, Ios99lS; Pac. es of ,g5, lle;
La, Cons @ 6lS; I'M No. ef 5s 81 81, 1cs; N. % q. Con-, on
8: iiSy;; 90. IS, sa91; 90. 3, =;
s Gems % pae 49, s ss iS penver nnt sna GSnpSR Rc
DO. IS, g: .Nofihein Pac. ilrssIs, lis; d..
debenture, losjs ST. l and San Fran, Ii4tIs St.
Southern Pnc. Col frsts. ll0l2; 7. Z. RIG. " O.,
&C: Northern Pacific 1st, li5; West Shore,
80; do. pfd., 75: Am. Express, lo7; Bos. Air
Line pfd, 97 b. q. and r. N, 3O Canada
Southern, 6611 Canton, +50; Cen. Pao., 33 4
do. pfd,, i5b; &. B. and O., 100; Cleve.
land and Col blla; Con. Coal, "a; Dol. and
Hud. 1887; Del. & Lack, 1901: ben. & Z, G.,
q; Erie, 2sH;do. pfd.. 63il; Fort Wayne. 15O
Harlem, 2l4 Hous. & Tex, 20; III. Cent. 1l7l4
Kansas & Texas, IS; l.. K. Il W., 145s
Lake Shore, 95I Lyl. and Nash, 6ll$i
N. l. L., ili; Mich. Cen, s7iS; Mo. Pac.''
Ss2&; Mob. and o.. 0; Mar. and F., 1S$j
N. Chat, n; N. J. Cen, 761s; Norfolk and
Western pfd., Al; Northern Pao., 22h; do. pfd.,
46N Northwestern, 1925; do: pid., 1897; N,
4 Y, Gen., 100; Chicago and st. L., l61j do.
pfd., &C.; Ohio and Miss, 23}s do pfd, 70;
Oregon Nav, SO: Pac. Mail, 357s; Pitts.
burg. 152; Reading, 66h Rich. and Alle 5;
Rich: and W. +, Ter, 22l4: Rock Island, 1l415:
st. Louis and San. Fran, 341S; do. pfd.,
NJ; do; first pfd., 1l2; st: Paul 7619; do. pid.
G.. and l., PSI Texas Pac., 25l5; Union Pac.,
M; US. x, 6s: Wab; Pac., l6I; do. pfu:. IS;
Wells Fargo, 100; West. Union, rs; Silver
Certificates, 9s; Cotton Oil Trust, 30; Quick.
silver; 9l6; do. pid.. SO.
| *AskeG.
Grain and provfafons